Reading Time: < 1 minute The prices of graphics processing units (GPUs) have dropped sharply in China since the asset migrated from PoW to PoS.
Tag: Crypto mining
Cryptocurrency mining
Norway City Starts Battle Against Crypto Miners
Reading Time: < 1 minute The authorities and the population of the Norwegian city of Sortland have started a fight with a local mining company because of the noise it makes.
Mining Firm Marathon Inks Deals to Host 254 MW of Mining Capacity
Reading Time: < 1 minute Marathon Digital Holdings has provided about 254 MW of power for its Bitcoin mining operations as a result of new agreements with several hosting providers.
Bitfarms Abandons its BTC Accumulation Strategy
Reading Time: < 1 minute Canada-based public mining company Bitfarms has made adjustments to its strategy for storing mined Bitcoins.
Mining Company HIVE Blockchain Sells 10,000 ETH to Buy Intel-made Bitcoin Miners
Reading Time: < 1 minute HIVE Blockchain Technologies has sold about 10,000 ETH to “fund a strategic relationship with Intel and create new Bitcoin miners.”
Quarterly Profit of Miner Maker Canaan Increases by 327%
Reading Time: < 1 minute China-based mining equipment manufacturer Canaan posted in the first quarter of 2022 a gross profit of $130.9 million, up 327.2% year-over-year.
Mining Capital Coin CEO is Accused of $62 Million Fraud
Reading Time: < 1 minute Louis Capucci, Jr., a resident of the city of Port St. Lucie (Florida), has became a defendant in a $62 million fraud case.
A Solo Miner Mines a Bitcoin Block
Reading Time: < 1 minute A solo miner included block 733,739 in the Bitcoin blockchain on April 27.
SkyBridge Capital Will Launch a Mining-focused Fund
Reading Time: < 1 minute Investment firm SkyBridge Capital has filed an application with the SEC to launch a fund that will invest in a business related to the mining of cryptocurrencies.
